Viewpoint:DCG Binance and Public Miners, the three major FUDs in the market are actually not Important
Author: Dongbing, Chief Researcher at Bitdeer, the article only represents his personal point of view At present, there are three major sources of FUD in the market : 1. Miners; 2. Grayscale; 3. Binance. However, I feel that the market has over-exaggerated these three events, and the actual situation is not as pessimistic as imagined. DCG As the dispute between Gemini and DCG intensified, DCG seemed to be in a precarious situation again, and the market began to worry about the liquidation of Grayscale’s property, but this worry is actually a bit unfounded. You must know that Grayscale itself operates trust products. Under the Anglo-American legal system, a trust is an extremely special existence, and its ownership is highly isolated from the settlor and administrator. Even if the settlor goes bankrupt, the entrusted trust assets will not be affected. Similarly, if there is a problem with the manager of the trust product, only the manager needs to be replaced, and the survival of the...